The best investment to combat inflation, according to Warren Buffett

Some people perceive that economic resources are enough for fewer and fewer thingswhich is why they are usually interested in diversifying their sources of income.

In that sense, hundreds of them decide save a portion of your wages or incomeand then invest them in some other activity that generates some type of return, either monthly or annually. This can be in the stock market, in a traditional business, store or another form of commerce.

This is why they often stay informed about the investment newsas well as keeping pace with those who are leaders on this topic at a global level.

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Among some of the best-known investors currently worldwide, according to the IG portal, are:

-Warren Buffett

-George Soros

-Carl Icahn

-Ray Dalio

-Peter Lynch

What is the best investment?

Thus, in the middle of a Berkshire Hathaway shareholders meeting, a couple of years ago, Buffet was asked what is the best investment to combat inflation, but his answer caused great surprise throughout the auditorium.

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The famous investor Warren Buffett He maintained that “The best investment is being exceptionally good at something. Talents are inflation-proof. Whatever ability you have, it can never be taken away from you.“.

This left the attendees off base, who were eagerly awaiting some kind of financial recommendation, amounts or best times to take less economic risks; However, they took with them advice for life, no matter what season the world is going through.

Valentina Delgadillo Abello
Journalist Portfolio